Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information

ICR 200905-1545-021 · OMB 1545-2127 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-2127 can be found here:

2012-07-31 - Extension without change of a currently approved collection

Forms and Documents

Document	Type	Status	Availability
Form 8926 Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information	Form	Modified	Available
ombat1.doc	Supplementary Document	Uploaded 2008-11-04	Available
Supporting Statement - For Form 8926.pdf	Supporting Statement A	Uploaded 2009-05-21	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
187090	Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information	Form	Modified

ICR Details

OMB Control No: 1545-2127	ICR Reference No: 200905-1545-021
Status: Historical Active	Previous ICR Reference No: 200811-1545-003
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/08/2009
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/29/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2012	36 Months From Approved	07/31/2009
Responses	500,000	0	500,000
Time Burden (Hours)	7,560,000	0	7,560,000
Cost Burden (Dollars)	0	0	0

Abstract: Pursuant to Congressional direction to determine whether the earnings stripping limitation rule of Code Section 163(j) was effective in curbing the erosion of the U.S. tax base, CC:INTL, LMSB, and the Treasury sought to create new Form 8926, Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information. The new form is based on Code section 163(j) and the related proposed regulations

Authorizing Statute(s): US Code: 26 USC 163(j) Name of Law: Limitation on deduction for interest on certain indebtedness

Citations for New Statutory Requirements: US Code: 26 USC 163(j) Name of Law: Limitation on deduction for interest on certain indebtedness

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 11633	03/18/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 25802	05/29/2009
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information	8926	Disqualified Corporate Interest Expense Disallowed Under Section 163(j) and Related Information

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	500,000	500,000
Annual Time Burden (Hours)	7,560,000	7,560,000
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $10,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Emile Beausejour 2026228003

Common Form ICR: No